Average Hourly Earnings of Production and Nonsupervisory Employees, Retail Trade
CES4200000008 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.65
Year-over-Year Change
3.54%
Date Range
1/1/1972 - 7/1/2025
Summary
Tracks hourly wages for non-management retail workers. Provides critical insight into retail sector compensation and labor market dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator measures average hourly earnings for production and nonsupervisory employees in retail trade. It reflects wage trends and economic health.
Methodology
Bureau of Labor Statistics collects data through establishment surveys of retail employers.
Historical Context
Used by policymakers to assess wage growth and labor market conditions in retail sector.
Key Facts
- Represents non-management retail worker wages
- Excludes supervisory and management personnel
- Critical indicator of retail sector economic health
FAQs
Q: What does this economic series measure?
A: Average hourly earnings for non-management retail workers across the United States. Tracks wage trends in the retail sector.
Q: Why are retail hourly earnings important?
A: Indicates consumer spending power and overall economic health. Reflects labor market conditions in a key economic sector.
Q: How often is this data updated?
A: Monthly data release by the Bureau of Labor Statistics. Provides current wage trend information.
Q: Who uses this economic data?
A: Economists, policymakers, investors, and business analysts track this series for labor market insights.
Q: What workers are included in this series?
A: Production and nonsupervisory employees in retail trade, excluding management and supervisory personnel.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of Production and Nonsupervisory Employees, Retail Trade (CES4200000008), retrieved from FRED.